China: Government Steps up Green Energy Push

2018-09-28

China is stepping up its push into renewable energy, proposing higher green power consumption targets and penalising those who fail to meet goals to help fund government subsidies to producers, according to an article in South China Morning Post (SCMP).

The world’s biggest energy consumer is aiming for renewables to account for at least 35 per cent of electricity consumption by 2030, according to a revised draft plan from the National Development & Reform Commission seen by Bloomberg.

Previously, the government had only set a goal for “non-fossil fuels” to make up 20 per cent of energy use by 2030.